The amount of grant funding you can apply for varies widely depending on the type of program, the size of your business, and the scope of your project. Some grants provide smaller amounts of assistance, such as between five thousand and twenty thousand dollars for business development or capability building. Other programs offer significantly higher amounts, particularly those focused on innovation, clean energy, manufacturing upgrades, or commercialisation, where funding can reach hundreds of thousands or even millions of dollars.
Many programs require co funding, which means you must contribute a portion of the total project cost. For instance, a grant that offers fifty percent funding on a two hundred thousand dollar project would contribute one hundred thousand dollars, while you fund the remaining amount. Eligibility for specific funding levels may depend on factors such as annual turnover, number of employees, export activity, technology maturity, and alignment with government priorities. Understanding these criteria helps ensure you target the most suitable grants with realistic expectations.